All Bonds That Will Not Be Held to Maturity Have

question 20

Multiple Choice

All bonds that will not be held to maturity have interest rate risk which occurs because of the change in the price of the bond as a result of

• A)interest-rate changes.
• B)changes in the coupon rate.
• C)default of the borrower.
• D)changes in the asset's maturity date.

---

Definitions:

Semiconductor Industry

A sector focused on the manufacturing of semiconductors, which are essential components of electronic devices.

Public Park

An area of open space provided for recreational use, usually owned and maintained by a city or national government.

Marginal Social Benefit

The additional benefit received by society from the consumption of one more unit of a good or service.

Public Park

A plot of land set aside by a government or community for recreational use by the public, often maintained with public funds.